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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Gillespie, IL
$ 105,000
ROI
21.9
Cash Flow/m
63- 3 Bed
- 1 Bath
- 1505 sft
212 E Elm St, Gillespie, IL, 62033
$ 110,000
ROI
23.5Cash Flow/m
113- 3 Bed
- 2 Bath
- 850 sft
304 Francis St, Gillespie, IL, 62033
$ 120,000
ROI
22.0Cash Flow/m
75- 2 Bed
- 2 Bath
- 1320 sft
307 South St, Gillespie, IL, 62033
$ 119,000
ROI
21.1Cash Flow/m
45- 2 Bed
- 1 Bath
- 1000 sft
811 Adams St, Gillespie, IL, 62033
Why Invest in Gillespie, Illinois?
Investing in Gillespie, IL, presents a unique opportunity for those looking for properties under $300k. The city offers a favorable rental market with a solid rental yield and steady appreciation rates, making it an appealing choice for investors seeking stable cash flow and good returns.
8%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Gillespie, IL, is around $1,200 per month, making it affordable for many families and individuals.
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